Stocks of Rapeseed, Rapeseed oil and Rapeseed Meal in Coastal Areas and East China (Week 46, 2018)

2018-11-19 www.cofeed.com

I. Rapeseed: stock and date of arrival

This week (as of Nov. 16th), imported rapeseed stock in domestic coastal areas has decreased to 420,000 tonnes, down 2,000 tonnes by 0.47% against 422,000 tonnes last week, yet up by 24.9% from 336,100 tonnes of the same period last year. Among them, stock in Guangxi, Gaungdong and Fujian has dwindled to 293,000 tonnes by 10.4% from 327,000 tonnes last week, yet up by 16.5% against 251,600 tonnes of the same period last year. According to Cofeed, rapeseed arrival at port will be 643,000 tonnes in November and 540,000 tonnes in December, under which rapeseed is now well supplied.

Fig. 1: China’s Rapeseed Stocks in Recent Years

II. Stocks of rapeseed oil and amounts in outstanding contracts

This week (as of Nov. 16th), rapeseed oil stock has increased to 565,700 tonnes nationwide, up 11,700 tonnes by 2.1% from 554,000 tonnes last week, and up by 54.4% from 366,300 tonnes of the same period last year. More details for stocks:

Fig. 2: China’s Rapeseed Oil Stocks in Recent Years

III. Rapeseed meal in coastal areas: stock and outstanding contracts

This week (as of Nov. 16th), rapeseed meal stock has risen to 28,700 tonnes nationwide, up 12,200 tonnes by 73.9% from 16,500 tonnes last week, yet down by 18.7% from 35,300 tonnes of the same period last year. More details for stocks:

Fig. 3: China’s Rapeseed Meal Stocks in Recent Years

Print Close